Guidance for deliberative monetary valuation studies
Guidance for deliberative monetary valuation studies
There is growing demand for more pluralistic valuation approaches, for which Deliberative Monetary Valuation (DMV) is suitable. Guidance is needed for valid and reliable DMV application, as exists for conventional willingness to pay studies using stated preference methods. The purpose of this paper is to develop a set of minimal requirements for study design and reporting aimed at DMV practitioners, based on the existing DMV literature as well as related social science literatures. The core contribution of our paper is the practical recommendations for DMV study design focusing on the deliberation process and elicitation format, analysis of the deliberation and willingness to pay results, and validity. We summarise reporting requirements for reliability, before offering conclusions and suggestions for promising future research directions.
267-323
Schaafsma, Marije
937ac629-0fa2-4a11-bdf7-c3688405467d
Bartkowski, Bartosz
a7167bd4-0909-4e6c-b9fa-078a5cef7ba2
Lienhoop, Nele
88e1e71c-275d-4bc9-9437-a100d67c515d
28 November 2018
Schaafsma, Marije
937ac629-0fa2-4a11-bdf7-c3688405467d
Bartkowski, Bartosz
a7167bd4-0909-4e6c-b9fa-078a5cef7ba2
Lienhoop, Nele
88e1e71c-275d-4bc9-9437-a100d67c515d
Schaafsma, Marije, Bartkowski, Bartosz and Lienhoop, Nele
(2018)
Guidance for deliberative monetary valuation studies.
International Review of Environmental and Resource Economics, 12 (2-3), .
(doi:10.1561/101.00000103).
Abstract
There is growing demand for more pluralistic valuation approaches, for which Deliberative Monetary Valuation (DMV) is suitable. Guidance is needed for valid and reliable DMV application, as exists for conventional willingness to pay studies using stated preference methods. The purpose of this paper is to develop a set of minimal requirements for study design and reporting aimed at DMV practitioners, based on the existing DMV literature as well as related social science literatures. The core contribution of our paper is the practical recommendations for DMV study design focusing on the deliberation process and elicitation format, analysis of the deliberation and willingness to pay results, and validity. We summarise reporting requirements for reliability, before offering conclusions and suggestions for promising future research directions.
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Published date: 28 November 2018
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Local EPrints ID: 428588
URI: http://eprints.soton.ac.uk/id/eprint/428588
PURE UUID: 96d1f5fb-8ab4-4c40-8988-62fd59dc6167
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Date deposited: 01 Mar 2019 17:30
Last modified: 16 Mar 2024 04:20
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Author:
Bartosz Bartkowski
Author:
Nele Lienhoop
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